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Local Economy

Healthy communities require healthy local economies.

By reducing our dependence on export markets in favor of production for local needs, we reduce ecological footprints and invest back into the community, building resilience.

local economy
On Lotan, we get much of our food from other local growers.
We also make our own goat cheese and sell it back to the local communities.

By favoring ethically and environmentally sound local businesses we can also help to reduce the global exploitation of workers and environmental degradation. One of the main problems of local economies is the “leaky bucket” syndrome - cash and other resources are siphoned off to national and international chains.

Local businesses, alternative currencies, LETS systems and co-operatives help to plug the holes and keep the resources recycling within the community.

olive harvest
Picking olives on Lotan.

How-To: Create a LETS System

LETS stands for Local Exchange Trading System. The LETS system can take many forms, including the creation of a local currency.

An example of a LETS system at work takes the form of trading work hours. In some systems, an hour of work is worth an hour of work. In others, each task is given a value. This could mean that babysitting hours can be traded for business accounting among the agreeing participants of the system.

We challenge you to find other ways to incorporate a LETS system into your life and community.

Resources:

 


Contact Lotan Center for Creative Ecology
kibbutzlotan@gmail.com
Tel: +972 8 6356935; +972 54 9799030
Toll free (while in Israel): 1800 2000 75


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Creative Commons License
This work by Center for Creative Ecology, Kibbutz Lotan is licensed under a Creative Commons Attribution-ShareAlike 3.0 Unported License.
Based on a work at www.kibbutzlotan.com.